Yuval Shram Of Tay Investments Secures $35.75M Refinance Loan Through Berkadia For 829 Garfield Avenue
New Jersey
See Similar DealsYuval Shram Of Tay Investments Secures $35.75M Refinance Loan Through Berkadia For 829 Garfield Avenue
829 Garfield Avenue
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The property asset involved in this transaction is a multifamily building located at 829 Garfield Avenue in Jersey City, comprising 110 units. The transaction is a refinance with a loan amount of $35,750,000, secured through berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>Berkadia with Fannie Mae. The loan features fixed-rate terms for a five-year duration.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $35,750,000
- Address: 829 Garfield Avenue
- Market: Jersey City
- Lender: berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>Berkadia - Fannie Mae
- Landlord: Yuval Shram - Tay Investments
- Loan Type: Refinance
- Loan Terms: Fixed-rate, five year term
- Broker Representatives: Mitch Sinberg, Michael Basinski, Scott Wadler, Brad Williamson, Matt Robbins & Matt Jackson - berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>Berkadia
The deal is supported by a team of brokers representing it, including Mitch Sinberg, Michael Basinski, Scott Wadler, Brad Williamson, Matt Robbins, and Matt Jackson, all affiliated with berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>berkadia'>Berkadia. Their involvement signifies a coordinated effort to navigate the refinancing process effectively for the landlord, Yuval Shram of Tay Investments.
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